European cyber risk specialist Cogitanda has secured key capacity from Everest Insurance and Lloyd’s syndicate IQUW to bolster its cyber product offering.
The partnership will enable Cogitanda to provide cyber offering to companies with annual revenues of up to €250 million in Germany and Austria. Previously, it was tailored to businesses with turnover of up to €100 million annually.
Jens Lison (pictured), chief executive officer of Cogitanda Dataprotect AG, said: “It's a significant win for us and our clients to now count Everest and IQUW among our key capacity providers. Together, we will continue Cogitanda’s successful expansion across Europe. Through these partnerships, we do not only broaden our offering, but also make our services accessible to a wider customer base.
“Looking ahead, we are committed to further strengthening our leading position in the cyber-risk sector and expanding our insurance portfolio nationally and internationally through strong partnerships. Cogitanda will continue its path for profitable growth.”
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